Slovenia: Organic Pigments Market 2024

Organic Pigments Market Size in Slovenia

The Slovene organic pigments market contracted to $X in 2023, declining by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a slight slump. Organic pigments consumption peaked at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Organic Pigments Exports

Exports from Slovenia

In 2023, overseas shipments of synthetic organic coloring matter and pigments decreased by X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, showed a strong expansion. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, organic pigments exports declined to $X in 2023. Overall, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

Croatia (X tons), Serbia (X tons) and Germany (X tons) were the main destinations of organic pigments exports from Slovenia, together comprising X% of total exports. Ukraine, Hong Kong SAR, Hungary, Belarus, Bosnia and Herzegovina, Italy, Spain, Romania and Poland lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X), Croatia ($X) and Germany ($X) were the largest markets for organic pigments exported from Slovenia worldwide, together accounting for X% of total exports. Ukraine, Spain, Hong Kong SAR, Belarus, Bosnia and Herzegovina, Hungary, Italy, Romania and Poland lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Spain, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average organic pigments export price stood at $X per ton in 2023, rising by X% against the previous year. In general, the export price, however, continues to indicate a slight setback. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Croatia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Organic Pigments Imports

Imports into Slovenia

Organic pigments imports into Slovenia dropped significantly to X tons in 2023, declining by X% compared with the previous year's figure. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2023, imports failed to regain momentum.

In value terms, organic pigments imports dropped notably to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

Italy (X tons), Romania (X tons) and Croatia (X tons) were the main suppliers of organic pigments imports to Slovenia, together accounting for X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) appeared to be the largest organic pigments suppliers to Slovenia, together comprising X% of total imports. Austria, Romania, Croatia, Poland, Hungary, Spain and Greece lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average organic pigments import price stood at $X per ton in 2023, increasing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2023 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Croatia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform